[mennis16]

Plenty of schools have a higher endowment than Amherst. Stanford has a notably bigger endowment than MIT.

In any case, I was not agreeing with GP, I just think "lower ranked schools" is a bit of a strong statement as that does not conjure images of e.g. Columbia for me, even if it is technically a couple spots lower

I do agree the "universities don't give a shit about their students" sentiment is over the top these days though.